View Our Homes http://www.view-our-homes.com a blog about Calgary and Area Real Estate en-ca (C) 1996-2018 Norm Rousseau & Sylvia Garrett MaxWell Realty 120 Wed, 18 Apr 2018 04:43:23 G4T Wed, 18 Apr 2018 04:43:23 G4T http://www.view-our-homes.com/Post/16b8136f-5c96-4afa-8a0b-18f66665cec3 Wed, 18 Apr 2018 04:43:23 G4T http://www.view-our-homes.com/Post/16b8136f-5c96-4afa-8a0b-18f66665cec3 <p>This air conditioned 4 bedroom home in the Hamptons is in mint condition! You are welcomed with high vaulted ceilings in the foyer! Beautiful hardwood floors on the main including the stairs. Spacious living and dining room for hosting family and friends. Open kitchen with a granite island and counter tops, stainless appliances and a corner pantry. A sunny eating nook with access to a large deck. Bright family room with a gas fireplace and convenient den and main floor laundry. <a href="http://www.view-our-homes.com/File/front-jpg2.jpg"><img width="534" height="387" title="Front jpg" align="left" style="margin: 10px 10px 10px 0px; border: 0px currentcolor; border-image: none; float: left; display: inline; background-image: none;" alt="Front jpg" src="http://www.view-our-homes.com/File/front-jpgthumb.jpg" border="0"></a>All 4 bedrooms are a good size including the master with a walk-in closet and a great ensuite with soaker tub and a separate shower. Well designed open living space down including recreation room/games area and a 5th bedroom with a walk in closet. Updates include a high efficiency furnace, newer hot water tank and newer roof shingles. Excellent location on a quiet street close to school, parks and public transportation.</p><p>More Info: <a title="http://www.maxwellrealty.ca/listing/c4172176-101-hampstead-cl-nw-hamptons-calgary-alberta-t3a5j1/" href="http://www.maxwellrealty.ca/listing/c4172176-101-hampstead-cl-nw-hamptons-calgary-alberta-t3a5j1/">http://www.maxwellrealty.ca/listing/c4172176-101-hampstead-cl-nw-hamptons-calgary-alberta-t3a5j1/</a></p> Four bedroom home in the Hamptons 646,000.00 Norm Rousseau http://www.view-our-homes.com/Post/b6f3dc00-6279-480a-975d-915282a0e003 Wed, 18 Apr 2018 04:36:15 G4T http://www.view-our-homes.com/Post/b6f3dc00-6279-480a-975d-915282a0e003 <p>This is the bungalow that you have been waiting for! Spacious bight living room with a bay window. Beautiful hardwood floors. Upgraded kitchen with custom full height cabinets, granite counters and designer tile backsplash. Modern main bath with granite vanity and jetted tub. <a href="http://www.view-our-homes.com/File/img0216.jpg"><img width="534" height="400" title="" align="left" style="margin: 15px 11px 15px 0px; border: 0px currentcolor; border-image: none; float: left; display: inline; background-image: none;" alt="" src="http://www.view-our-homes.com/File/img0216thumb.jpg" border="0"></a>Three main floor bedrooms including a large master. Fully finished lower level with a comfortable family room with a gas fireplace, flex room, 4th bedroom with a walk in closet and a 3 piece bath. Plenty of storage space. Over sized single garage and concrete parking pad. Nicely landscaped south facing yard with space for the kids and the dog. Outstanding location close to parks, school, shopping, community center and major bus routes!</p><p>More Info: <a title="http://www.maxwellrealty.ca/listing/c4177030-119-pinegrove-cl-ne-pineridge-calgary-alberta-t1y1l1/" href="http://www.maxwellrealty.ca/listing/c4177030-119-pinegrove-cl-ne-pineridge-calgary-alberta-t1y1l1/">http://www.maxwellrealty.ca/listing/c4177030-119-pinegrove-cl-ne-pineridge-calgary-alberta-t1y1l1/</a></p> Pineridge Renovated 3 Bedroom Bungalow 374,900.00 Norm Rousseau http://www.view-our-homes.com/Post/e05d91df-2aac-4004-adb0-fbd561e33108 Tue, 03 Apr 2018 02:43:29 G4T http://www.view-our-homes.com/Post/e05d91df-2aac-4004-adb0-fbd561e33108 <p>With the spring housing market underway, inventory in Calgary has increased, which is likely to slow the rise in still-subdued prices.<p>Calgary Real Estate Board’s citywide benchmark price for detached homes was $502,000 in the first quarter of 2018, down slightly from the end of 2017 but similar to a year earlier.<p>The March benchmark price was $503,800, 1% above the recession low but still 3.6% below the pre-recession high.<p>Meanwhile, first quarter sales were down almost 18% year-over-year to 3,423 units. That’s 24% below long-term averages.<p>“Economic conditions are slowly improving, but it has not been enough to outpace the current impact of higher lending rates and more stringent conditions,” said CREB chief economist Ann-Marie Lurie.<p>The slow pace of sales meant inventory increased to a 4-month supply but the overall level is 10% below the averages of 2015 and 2016 with 2,573 units available in the first quarter of 2018.<p>“We are entering the most active quarters in the housing market with more inventory, which could create some price fluctuations. However, the improving economy is expected to prevent overall prices from slipping by significant amounts,” added Lurie.</p> Calgary home prices still struggling to recover Norm Rousseau http://www.view-our-homes.com/Post/8a8d530b-fb58-491a-83d3-9bb6b0e101e5 Tue, 03 Apr 2018 02:02:59 G4T http://www.view-our-homes.com/Post/8a8d530b-fb58-491a-83d3-9bb6b0e101e5 <p><strong>Prices remain stable compared to last year</strong><br> </p><p>City of Calgary, April 2, 2018 – As expected, slow sales this quarter have persisted through March in the City of Calgary. This is not a surprise, after stronger growth in sales at the end of last year following the announced changes to the lending market. First quarter sales totaled 3,423 units, nearly 18 per cent below last year’s levels and 24 per cent below long-term averages. Easing sales and modest gains in new listings caused inventories to rise and months of supply to remain above four months. <a href="http://www.view-our-homes.com/File/capture.gif"><img width="534" height="209" title="Capture" align="left" style="margin: 12px 27px 6px 0px; border: 0px currentcolor; border-image: none; float: left; display: inline; background-image: none;" alt="Capture" src="http://www.view-our-homes.com/File/capturethumb.gif" border="0"></a> “Economic conditions are slowly improving, but it has not been enough to outpace the current impact of higher lending rates and more stringent conditions,” said CREB® chief economist Ann-Marie Lurie. “We are entering the most active quarters in the housing market with more inventory, which could create some price fluctuations. However, the improving economy is expected to prevent overall prices from slipping by significant amounts.” While prices trended down on a quarterly basis, they remained relatively unchanged over last year’s levels due to modest gains in the detached sector offsetting declines in the apartment sector. The citywide benchmark price for detached product averaged $502,000 in the first quarter. This is slightly lower than the fourth quarter of last year, but comparable to levels recorded in the first quarter of last year. In March, the detached price reached $503,800, 3.6 per cent below pre-recession highs, but one per cent above the lows recorded during the recession. “The market today is better than what we experienced at the peak of the recession,” said CREB® president Tom Westcott. “You can find good value if you’re looking to buy a home, and you can also get good value if you’re selling. Being well-informed, in any economic condition, is the key, because there are differences in the market depending on what type of property it is and where it is located.” Detached market inventories in the first quarter of 2017 were low compared to historical standards. This year, detached inventories have averaged 2,573 units over the first quarter, 10 per cent below first quarter averages recorded during 2015 and 2016. Spring will have more inventory than last year, slowing progress on price recovery. However, the amount of price adjustment will vary depending on competing supply by location and product type Housing market inventory on the rise March 2018 Norm Rousseau http://www.view-our-homes.com/Post/8d821261-8d74-42f9-b3b0-83b04229b481 Sat, 17 Mar 2018 08:36:05 G3T http://www.view-our-homes.com/Post/8d821261-8d74-42f9-b3b0-83b04229b481 <p>This is your Great opportunity to own 4.62 acres, with a 1443 square foot three bedroom bungalow. This acreage is NOT pie shaped or a panhandle lot it is 78.04 meter frontage X 239.80 meters deep rectangular lot allowing for future development. You can enjoy this solid bungalow ready for your creative ideas and only 15 minutes from Calgary or Okotoks? The main floor has large living room, dining area, kitchen and three bedrooms. The master bedroom has a four piece ensuite and the other 4 piece bathroom is accessible for the two other bedrooms. The home features vaulted ceilings, that aid in spreading all the natural light and views visible from the west facing windows. The full basement is ready for your creative ideas.<b></b><p><b></b><p><b>Goods Included:</b> Dishwasher-Built-In, Dryer, Microwave Hood Cover, Refrigerator, Stove-Electric, Washer, Window Coverings-All<p><b>Directions:</b> From Calgary: south on Hwy2 or 2A, east on Dunbow Road to 1100 Drive, acreage on your right. Seven km from Deerfoot Trail East on Dunbow Road<p>Details: <a title="http://2420111100dre.maxwellsells.ca/" href="http://2420111100dre.maxwellsells.ca/">http://2420111100dre.maxwellsells.ca/</a><p><a href="http://www.view-our-homes.com/File/1100drive245.jpg"><img width="534" height="400" title="OLYMPUS DIGITAL CAMERA" align="left" style="border: 0px currentcolor; border-image: none; float: left; display: inline; background-image: none;" alt="OLYMPUS DIGITAL CAMERA" src="http://www.view-our-homes.com/File/1100drive24thumb1.jpg" border="0"><br></a> 1,453 Sq. ft. bungalow on 4.62 acres Norm Rousseau http://www.view-our-homes.com/Post/67528404-64df-4494-ad9f-1e2e8bc2f190 Tue, 06 Mar 2018 03:07:02 G3T http://www.view-our-homes.com/Post/67528404-64df-4494-ad9f-1e2e8bc2f190 <p>Calgary housing market prices hold, but sales fall<p>Calgary Real Estate Board Feb. 2018<p>City of Calgary, March 1, 2018 – Residential home sales declined in February, but a decline in new listings helped keep prices steady this month. Sales totaled 1,094 units in February, 18 per cent below last year’s activity. Easing sales occurred across all property types this month, which outpaced the sales growth that occurred in January. After the first two months of the year, sales activity remains well below longer-term averages. “Housing market conditions are still adjusting to rising lending rates and changes in lending requirements. This process is expected to be bumpy, with demand adjustments leading the changes,” said CREB® chief economist Ann-Marie Lurie. “However, it is important to remember that it is early in the process and the impact on prices will ultimately be dependent on the supply response.” A decline in new listings was not enough to prevent further gains in inventory levels, but it offset some of the impact of slower sales activity. In the detached sector, activity in the $600,000 - $999,999 range recorded the largest gains in supply relative to sales. “This is a market where the fundamentals of a sound pricing strategy need to be understood by sellers. At the same time, savvy buyers typically have a clear understanding of how much of a mortgage they can get,” said CREB® president Tom Westcott. “With all the recent changes, potential purchasers should be obtaining pre-approvals so they understand exactly what they can afford prior to making an offer on a home. It also provides them flexibility in this market.” Citywide benchmark prices totaled $434,300 in February, which is just above levels recorded last month, but comparable to last years levels. While year-over-year price growth remained relatively stable in both the detached and attached markets, apartment prices remained three per cent below last year’s levels. Attached stats.</p><p><a href="http://www.view-our-homes.com/File/pdf-file2.png"><img width="571" height="740" title="PDF file" align="left" style="border: 0px currentcolor; border-image: none; float: left; display: inline; background-image: none;" alt="PDF file" src="http://www.view-our-homes.com/File/pdf-filethumb.png" border="0"><br></a></p> A Bumpy Road to Recovery Norm Rousseau http://www.view-our-homes.com/Post/6cedfe02-d9cd-48c0-bcb7-3ea9dd39af1b Thu, 08 Feb 2018 01:15:04 G2T http://www.view-our-homes.com/Post/6cedfe02-d9cd-48c0-bcb7-3ea9dd39af1b <p>This property is SOLD</p><p>This is the one you have been waiting for a 4 bedroom 2 storey in sought after Somerset. All 4 bedrooms are a good size. Fabulous master bedroom with a parents retreat and an ensuite with soaker tub, separate shower and walk in closet. A skylight provides lots of natural light in the upper hallway. Family sized kitchen with an island, walk in pantry and spacious eating area. The main floor family room features an attractive stone faced fireplace. Main floor den with built in desk and custom bookshelves is perfect for a home office. </p><p>The developed basement provides plenty of space for family entertainment, hobbies, and storage for sports equipment. Private treed fully fenced backyard with entertainment sized deck is an oasis in the Summer time! This family home is ideally located minutes from school, daycare, water park and LRT.<a href="http://www.view-our-homes.com/File/front2-1.jpg"><img width="534" height="400" title="Front2 (1)" align="left" style="margin: 39px 0px 0px; border-image: none; float: left; display: inline; background-image: none;" alt="Front2 (1)" src="http://www.view-our-homes.com/File/front2-1thumb.jpg" border="0"></a></p><p><br></p><p><br></p><p><br></p><p><br></p><p><br></p><p><br></p><p><br></p><p><br></p><p><br></p><p><a title="http://www.maxwellrealty.ca/listing-creb/c4164873-180-somerset-ci-sw-calgary-alberta-t2y-3p6/" href="http://www.maxwellrealty.ca/listing-creb/c4164873-180-somerset-ci-sw-calgary-alberta-t2y-3p6/"><br></a></p> Somerset 4 Bedrooms up fully developed 465,000.00 Norm Rousseau http://www.view-our-homes.com/Post/c2b713d5-4134-4bf7-b431-ac37b830e62c Fri, 02 Feb 2018 04:05:00 G2T http://www.view-our-homes.com/Post/c2b713d5-4134-4bf7-b431-ac37b830e62c <p><strong>Housing Market Déjà Vu in January As expected, Calgary sales activity similar to last year Jan. 2018</strong><br> City of Calgary, February 1, 2018 – The new year opened predictably, with monthly figures close to the Januarys of the past three years.<br> With new mortgage rules and rates officially in effect, sales activity in January remained comparable to last year, as rising sales for attached properties were not enough to offset declines in both the apartment and detached sector.&nbsp; <br> Overall January sales totaled 958 units, nearly two per cent above last year and 11 per cent below long-term averages. <a href="http://www.view-our-homes.com/File/capture2.jpg"><img width="534" height="433" title="Capture2" align="left" style="margin: 12px 19px 10px 0px; border: 0px currentcolor; border-image: none; float: left; display: inline; background-image: none;" alt="Capture2" src="http://www.view-our-homes.com/File/capture2thumb.jpg" border="0"></a><br> “2018 was kicked off with higher rates and the official implementation of the new mortgage requirements. While it is too early to see the impact of these changes, so far, January levels are consistent with what we saw last year,” said CREB® chief economist Ann-Marie Lurie<br> “The recovery will be bumpy, and we will continue to monitor the impact of the lending changes relative to the overall economic climate.” <br> Stable sales were met with rising new listings, causing further gains in inventory levels and impacting prices. Citywide, unadjusted prices totaled $432,300, 0.21 per cent below last month and 0.25 per cent below last year’s figures. Prices eased across all product types compared to last month, but price declines were more pronounced in the apartment and attached sectors. <br> In the detached sector, new listings rose with declining sales activity for product priced over $500,000. However, product priced between $300,000 and $399,999 saw an increase in activity. This will be an adjustment to the new reality buyers and sellers face, as pockets of the market will experience a mismatch between supply and demand.<br> “Sellers needs to be aware of the competing supply in the market. This can influence the timing of their decision, along with setting realistic expectations regarding time on the market and selling price,” said 2018 CREB® president Tom Westcott. “For buyers, getting pre-approved for a mortgage is essential, along with getting advice from a REALTOR® to get into a home they will be happy with.”</p> CREB January 2018 Real Estate Activity Norm Rousseau http://www.view-our-homes.com/Post/04a920b6-da8a-4e04-af4c-a99747533ef5 Fri, 02 Feb 2018 03:52:25 G2T http://www.view-our-homes.com/Post/04a920b6-da8a-4e04-af4c-a99747533ef5 <p>THE HOUSING MARKET IS EXPECTED TO CONTINUE MOVING TOWARDS RECOVERY IN 2018, BUT CHALLENGES REMAIN. <p>Housing market conditions are expected to remain relatively unchanged in 2018, as the impact of higher lending rates and stricter lending criteria are offset by modest improvements in the economic climate. Recent changes may have prolonged the recovery period in our market, but it is not expected to completely derail the transition.<a href="http://www.view-our-homes.com/File/capture.jpg"><img width="616" height="421" title="Capture" align="left" style="margin: 6px 10px 5px 0px; border: 0px currentcolor; border-image: none; float: left; display: inline; background-image: none;" alt="Capture" src="http://www.view-our-homes.com/File/capturethumb.jpg" border="0"></a><p><br><p><br><p><br><p><br><p><br><p><br><p><br><p><br><p><br><p><br><p><br><p>The path to recovery is expected to be bumpy, as the market adjusts to a new normal. We are entering 2018 with elevated supply levels and an environment of rising rates paired with stricter lending criteria. However, the improving economy generated modest job growth and net migration last year, with expectations of further improvements into 2018. <p>The opposing impacts of the changes in the lending environment and economic gains are expected to cause adjustments in demand/supply balances based on price range and product type, creating pockets of over/under supply and generating different paths of price recovery. Overall, it is expected to generate conditions comparable to 2017 and the dynamics within each sector of the market will vary.<p>Minimal changes in sales activity are expected to be met with easing new listings for some property types, limiting the upward pressure on supply. This should help support more balanced conditions, preventing widespread benchmark price declines. <p>More balanced market conditions will be led by the attached and detached sectors of the market, while the apartment sector will continue to struggle with excess inventory in 2018. Prices will likely continue to face some downward pressure in the apartment sector, with stabilization not expected until the latter portion of the year. <p>The attached sector may benefit from changes in distribution, as some demand shifts from the detached sector to the attached sector of the market, supporting modest price gains of 0.38 per cent. Easing demand in the detached sector is expected to be met with easing listings, supporting overall stability in pricing. <p><b>FACTORS CONTRIBUTING TO STABILITY IN THE CALGARY HOUSING MARKET:</b><p>• Improvements in the economic climate countering the impact of changes in lending criteria .<p>• Employment growth and reduction in the unemployment rate . <p>• Modest gains in migration .<p>• Easing vacancy rates in the rental market . <p>• Relative affordability in the market . <p>• Improved confidence in the overall economy . Calgary Real Estate Board Forecast Summary 2018 Norm Rousseau http://www.view-our-homes.com/Post/c6288f2f-3900-46f7-8f7d-00ca7725651d Mon, 29 Jan 2018 04:39:46 G1T http://www.view-our-homes.com/Post/c6288f2f-3900-46f7-8f7d-00ca7725651d <p>Affordable bungalow villa ideally located minutes from LRT and Fish Creek Park. Spacious, bright rooms including the dining room with cantilever for china cabinet, large living room plus den/2nd bedroom with book shelves included. The master bedroom features a walk in closet and ensuite with a soaker tub and separate shower. Functional kitchen with west exposure window over the sink. <a href="http://www.view-our-homes.com/File/img0101.jpg"><img width="534" height="400" title="IMG_0101" align="left" style="margin: 11px 24px 0px 0px; border: 0px currentcolor; border-image: none; float: left; display: inline; background-image: none;" alt="IMG_0101" src="http://www.view-our-homes.com/File/img0101thumb.jpg" border="0"></a>Good sized eating nook with passage door to the deck for easy access to the BBQ. Convenient main floor laundry and two piece bath. Great location facing a green space. Double garage is dry-walled. New Furnace installed in December 2017. This home is well maintained and immaculately clean.</p><p>Photos and information:</p><p><a title="http://www.maxwellrealty.ca/listing/c4163712-64-72-millside-dr-sw-calgary-alberta-t2y-3g8/" href="http://www.maxwellrealty.ca/listing/c4163712-64-72-millside-dr-sw-calgary-alberta-t2y-3g8/">http://www.maxwellrealty.ca/listing/c4163712-64-72-millside-dr-sw-calgary-alberta-t2y-3g8/</a></p> Millrise Affordable Villa $349,900 Norm Rousseau